COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch RatingFitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow any further price increases.

We assume Brent and WTI will average USD42 a barrel in 2016, up from our USD35/bbl base case in February. The increase follows evidence that the market will come into balance in the second half of 2016, which has already been reflected in a year-to-date average price of USD41/40 for Brent/WTI.

However, we do not believe that the rapid price recovery seen in the first half of 2016 will continue. The sub-USD30 prices at the start of the year approached cash costs for many producers and were unsustainable in all but the very short term. Prices in the USD40-USD50 range allow most producers to break even on a cash basis, if not to cover sunk costs.

We believe that record high inventories - OECD stocks are still more than 10% higher than normal - and market expectations that US shale production will begin to rebound at prices above USD50, will keep prices below that level until a supply deficit has eroded some of the inventory overhang.

We have therefore left our 2017 and 2018 price assumptions unchanged at USD45 and USD55 respectively. Our long-term expectations for both Brent and WTI are unchanged at USD65, reflecting our view on the long-run marginal cost of supply.

Our natural gas expectations have also changed, with price assumptions for US Henry Hub rising and UK National Balancing Point (NBP) falling. In the US, the market has begun to work through the excess inventory build-up associated with last year's El Nino winter. Slower production growth in key shale plays has also helped. For NBP, increased US gas exports have contributed to a medium-term LNG glut, which we expect to put pressure on international spot prices.

Our Henry Hub price assumptions are USD2.35/mcf in 2016, rising to USD2.75 in 2017, USD3.00 in 2018 and USD3.25 in the long term. For NBP we assume a price of USD5.00/mcf for 2016, USD5.50 in 2017, USD6.00 in 2018 and USD6.50 in the long term.
Source: Fitch Ratings


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...


Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.    According to the new HBA regulation No. 41.K/MB.0 ...


Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...


Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...


Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...


   24 25 26 27 28   
Showing 126 to 130 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Inco-Indonesia
  • CESC Limited - India
  • Meralco Power Generation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • RBS Sempra - UK
  • Sucofindo - Indonesia
  • Ministry of Transport, Egypt
  • Merrill Lynch Commodities Europe
  • Petron Corporation, Philippines
  • Vitol - Bahrain
  • Cargill India Pvt Ltd
  • ETA - Dubai
  • Berau Coal - Indonesia
  • Mercator Lines Limited - India
  • Merrill Lynch Bank
  • Latin American Coal - Colombia
  • IEA Clean Coal Centre - UK
  • Formosa Plastics Group - Taiwan
  • Krishnapatnam Port Company Ltd. - India
  • NALCO India
  • Toyota Tsusho Corporation, Japan
  • Romanian Commodities Exchange
  • Malco - India
  • Energy Development Corp, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Gujarat Sidhee Cement - India
  • Chettinad Cement Corporation Ltd - India
  • Commonwealth Bank - Australia
  • Borneo Indobara - Indonesia
  • Uttam Galva Steels Limited - India
  • Indonesia Power. PT
  • White Energy Company Limited
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • KPMG - USA
  • Global Business Power Corporation, Philippines
  • Planning Commission, India
  • JPower - Japan
  • GHCL Limited - India
  • Siam City Cement PLC, Thailand
  • Indika Energy - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Thailand Anthracite
  • Timah Investasi Mineral - Indoneisa
  • Orica Mining Services - Indonesia
  • World Coal - UK
  • Anglo American - United Kingdom
  • Leighton Contractors Pty Ltd - Australia
  • Sindya Power Generating Company Private Ltd
  • TeaM Sual Corporation - Philippines
  • Samsung - South Korea
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kideco Jaya Agung - Indonesia
  • Russian Coal LLC
  • Oldendorff Carriers - Singapore
  • Barclays Capital - USA
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • IOL Indonesia
  • Cement Manufacturers Association - India
  • Thomson Reuters GRC
  • Standard Chartered Bank - UAE
  • Thai Mozambique Logistica
  • Bhatia International Limited - India
  • Bangkok Bank PCL
  • VISA Power Limited - India
  • Global Coal Blending Company Limited - Australia
  • Singapore Mercantile Exchange
  • BRS Brokers - Singapore
  • MEC Coal - Indonesia
  • Price Waterhouse Coopers - Russia
  • PTC India Limited - India
  • Power Finance Corporation Ltd., India
  • Baramulti Group, Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Intertek Mineral Services - Indonesia
  • Mitsubishi Corporation
  • PLN - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • SRK Consulting
  • GNFC Limited - India
  • Siam City Cement - Thailand
  • Miang Besar Coal Terminal - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • J M Baxi & Co - India
  • The Treasury - Australian Government
  • PNOC Exploration Corporation - Philippines
  • Trasteel International SA, Italy
  • Coeclerici Indonesia
  • Total Coal South Africa
  • Idemitsu - Japan
  • Grasim Industreis Ltd - India
  • Bangladesh Power Developement Board
  • Panama Canal Authority
  • ICICI Bank Limited - India
  • Altura Mining Limited, Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Ince & co LLP
  • U S Energy Resources
  • APGENCO India
  • Minerals Council of Australia
  • LBH Netherlands Bv - Netherlands
  • Ernst & Young Pvt. Ltd.
  • ING Bank NV - Singapore
  • Fearnleys - India
  • Indorama - Singapore
  • Savvy Resources Ltd - HongKong
  • Kepco SPC Power Corporation, Philippines
  • Vale Mozambique
  • Sical Logistics Limited - India
  • Marubeni Corporation - India
  • Maharashtra Electricity Regulatory Commission - India
  • Tamil Nadu electricity Board
  • Electricity Generating Authority of Thailand
  • Kapuas Tunggal Persada - Indonesia
  • Runge Indonesia
  • Kobe Steel Ltd - Japan
  • SMC Global Power, Philippines
  • The University of Queensland
  • CNBM International Corporation - China
  • Semirara Mining Corp, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Wood Mackenzie - Singapore
  • Rio Tinto Coal - Australia
  • Neyveli Lignite Corporation Ltd, - India
  • UBS Singapore
  • Renaissance Capital - South Africa
  • SUEK AG - Indonesia
  • Moodys - Singapore
  • Coaltrans Conferences
  • Manunggal Multi Energi - Indonesia
  • Reliance Power - India
  • Jatenergy - Australia
  • Peabody Energy - USA
  • Antam Resourcindo - Indonesia
  • Videocon Industries ltd - India
  • Economic Council, Georgia
  • Sarangani Energy Corporation, Philippines
  • ANZ Bank - Australia
  • Kumho Petrochemical, South Korea
  • Thiess Contractors Indonesia
  • BNP Paribas - Singapore
  • Sojitz Corporation - Japan
  • TNB Fuel Sdn Bhd - Malaysia
  • ACC Limited - India
  • Humpuss - Indonesia
  • Cardiff University - UK
  • Bukit Makmur.PT - Indonesia
  • McKinsey & Co - India
  • Wilmar Investment Holdings
  • Asian Development Bank
  • Bulk Trading Sa - Switzerland
  • Qatrana Cement - Jordan
  • Argus Media - Singapore
  • EMO - The Netherlands
  • Bharathi Cement Corporation - India
  • Arch Coal - USA
  • HSBC - Hong Kong
  • India Bulls Power Limited - India
  • Carbofer General Trading SA - India
  • Therma Luzon, Inc, Philippines
  • IHS Mccloskey Coal Group - USA
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • McConnell Dowell - Australia
  • Ambuja Cements Ltd - India
  • Indian Energy Exchange, India
  • Orica Australia Pty. Ltd.
  • Mechel - Russia
  • Madhucon Powers Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Adaro Indonesia
  • Cosco
  • GAC Shipping (India) Pvt Ltd
  • DBS Bank - Singapore
  • PLN Batubara - Indonesia
  • Indogreen Group - Indonesia
  • Bhoruka Overseas - Indonesia
  • TRAFIGURA, South Korea
  • Sree Jayajothi Cements Limited - India
  • Kaltim Prima Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Lanco Infratech Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Noble Europe Ltd - UK
  • Medco Energi Mining Internasional
  • Eastern Energy - Thailand
  • Central Electricity Authority - India
  • Freeport Indonesia
  • CIMB Investment Bank - Malaysia
  • Parry Sugars Refinery, India
  • Vijayanagar Sugar Pvt Ltd - India
  • Permata Bank - Indonesia
  • Interocean Group of Companies - India
  • PetroVietnam
  • AsiaOL BioFuels Corp., Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Bank of China, Malaysia
  • Energy Link Ltd, New Zealand
  • IMC Shipping - Singapore
  • Xstrata Coal
  • Australian Commodity Traders Exchange
  • Edison Trading Spa - Italy
  • Bayan Resources Tbk. - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Ind-Barath Power Infra Limited - India
  • Asia Cement - Taiwan
  • ASAPP Information Group - India
  • Clarksons - UK
  • Port Waratah Coal Services - Australia
  • WorleyParsons
  • Goldman Sachs - Singapore
  • Shree Cement - India
  • Indian School of Mines
  • Platts
  • Pinang Coal Indonesia
  • Barasentosa Lestari - Indonesia
  • Jindal Steel & Power Ltd - India
  • Inspectorate - India
  • OCBC - Singapore
  • Makarim & Taira - Indonesia
  • Star Paper Mills Limited - India
  • Core Mineral Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Gupta Coal India Ltd
  • Maersk Broker
  • Indo Tambangraya Megah - Indonesia
  • Deutsche Bank - India
  • Mercuria Energy - Indonesia
  • Salva Resources Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Sinarmas Energy and Mining - Indonesia
  • Mintek Dendrill Indonesia
  • NTPC Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • SMG Consultants - Indonesia
  • Georgia Ports Authority, United States
  • Coalindo Energy - Indonesia
  • Britmindo - Indonesia
  • New Zealand Coal & Carbon
  • Ministry of Mines - Canada
  • Central Java Power - Indonesia
  • South Luzon Thermal Energy Corporation
  • CoalTek, United States
  • Agrawal Coal Company - India
  • Chamber of Mines of South Africa
  • Infraline Energy - India
  • Japan Coal Energy Center
  • JPMorgan - India
  • Surastha Cement
  • KOWEPO - South Korea
  • Aditya Birla Group - India
  • SASOL - South Africa
  • Rudhra Energy - India
  • Eastern Coal Council - USA
  • Credit Suisse - India
  • GN Power Mariveles Coal Plant, Philippines
  • Tata Chemicals Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Posco Energy - South Korea
  • Coal India Limited
  • Riau Bara Harum - Indonesia
  • Maheswari Brothers Coal Limited - India
  • TNPL - India
  • Billiton Holdings Pty Ltd - Australia
  • Arutmin Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • IBC Asia (S) Pte Ltd
  • globalCOAL - UK
  • Mitra SK Pvt Ltd - India
  • Maruti Cements - India
  • Coastal Gujarat Power Limited - India
  • Xindia Steels Limited - India
  • Vizag Seaport Private Limited - India
  • Essar Steel Hazira Ltd - India
  • Indonesian Coal Mining Association
  • Glencore India Pvt. Ltd
  • Cemex - Philippines
  • CCIC - Indonesia
  • Larsen & Toubro Limited - India
  • Sakthi Sugars Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Metalloyd Limited - United Kingdom
  • Electricity Authority, New Zealand
  • Independent Power Producers Association of India
  • Asmin Koalindo Tuhup - Indonesia
  • Attock Cement Pakistan Limited
  • UOB Asia (HK) Ltd
  • The India Cements Ltd
  • World Bank
  • Rashtriya Ispat Nigam Limited - India
  • Jaiprakash Power Ventures ltd
  • London Commodity Brokers - England
  • Tanito Harum - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Petrosea - Indonesia
  • Deloitte Consulting - India
  • Coal Orbis AG
  • TANGEDCO India
  • Samtan Co., Ltd - South Korea
  • Indian Oil Corporation Limited
  • European Bulk Services B.V. - Netherlands
  • KPCL - India
  • Banpu Public Company Limited - Thailand
  • Binh Thuan Hamico - Vietnam
  • Thermax Limited - India
  • TGV SRAAC LIMITED, India
  • GB Group - China
  • GMR Energy Limited - India
  • San Jose City I Power Corp, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Geoservices-GeoAssay Lab
  • Heidelberg Cement - Germany
  • Cebu Energy, Philippines
  • Dalmia Cement Bharat India
  • Ministry of Finance - Indonesia
  • Shenhua Group - China
  • GVK Power & Infra Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Directorate Of Revenue Intelligence - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • MS Steel International - UAE
  • Gresik Semen - Indonesia
  • Adani Power Ltd - India
  • Tata Power - India
  • Simpson Spence & Young - Indonesia
  • PowerSource Philippines DevCo
  • SGS (Thailand) Limited
  • Lafarge - France
  • Vedanta Resources Plc - India
  • Global Green Power PLC Corporation, Philippines
  • Enel Italy
  • KEPCO - South Korea
  • Africa Commodities Group - South Africa
  • Coal and Oil Company - UAE
  • bp singapore
  • Aboitiz Power Corporation - Philippines
  • Bank of America
  • Parliament of New Zealand
  • Kobexindo Tractors - Indoneisa
  • Mjunction Services Limited - India
  • The State Trading Corporation of India Ltd
  • Thriveni
  • Mitsui
  • Meenaskhi Energy Private Limited - India
  • EIA - United States
  • Malabar Cements Ltd - India
  • Bhushan Steel Limited - India
  • Maybank - Singapore
  • Platou - Singapore
  • Globalindo Alam Lestari - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Australian Coal Association